# PPP loan: ACRE, LLC
> **$396K** approved 04/08/2020 · Paid in Full · Loan `8057987003`
## Borrower
- **Name:** ACRE, LLC
- **Address:** 210 East Glenn Ave, AUBURN, AL, 36830-4877
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $396K
- **Initial approval:** $396K
- **Forgiven:** $398K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $396K
- **Jobs reported:** 80
## Lender
- **Originating:** Renasant Bank
- **Servicing:** Renasant Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*